- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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Models that can incorporate different volatility assumptions along the yield curve, such as the Black-Derman-Toy model. Also called arbitrage-free option-pricing models.
Industry:Financial services
Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough.
Industry:Financial services
Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough.
Industry:Financial services
Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off.
Industry:Financial services
Increases in owners' wealth achieved by maximizing of the value of a firm's common stock.
Industry:Financial services
The weighted average maturity of an MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date issue, using as the weighting factor the balance of each of the mortgages as of the issue date.
Industry:Financial services
The weighted average of the yield of all the bonds in a portfolio.
Industry:Financial services
A portfolio that includes a variety of securities so that the weight of any security is small. The risk of a well-diversified portfolio closely approximates the systematic risk of the overall market, and the unsystematic risk of each security has been diversified out of the portfolio.
Industry:Financial services
A market with few buyers and many sellers and a declining trend in prices.
Industry:Financial services